5 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds

2. PG&E Corporation (NYSE:PCG)

Number of Hedge Fund Holders: 80

PG&E Corporation (NYSE:PCG) provides natural gas and electric service to residential and business customers in northern and central California.

PG&E Corporation (NYSE:PCG) reported strong results for its Q1 2026 on April 23, with the company exceeding estimates in both earnings and revenue. The utility grew its revenue by 15% YoY to $6.9 billion, while its core EPS of $0.43 was up by $0.10 YoY, attributed to capital investment and O&M savings.

Given the impressive results, PG&E Corporation (NYSE:PCG) reaffirmed its full-year 2026 core EPS guidance of $1.64 to $1.66, indicating a 10% surge over 2025 and marking its fifth consecutive year of double-digit core earnings growth. The company’s EPS growth guidance for 2027 through 2030 also remains unchanged at 9% plus annually. Moreover, there is also no change to its five-year $73 billion capital plan through 2030.

PG&E Corporation (NYSE:PCG) was also recently included in our list of the 11 Most Profitable Renewable Energy Stocks Right Now.